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> 30% YoY growth and on paper profitability, or 45% YoY growth and an on paper loss, with the ability to flip the switch and move to the first option whenever y
by s3r3nity 5y ago
> 30% YoY growth and on paper profitability, or 45% YoY growth and an on paper loss, with the ability to flip the switch and move to the first option whenever you want?
This sounds suspiciously like a line from the WeWork documentary on Hulu.
- joshuamorton 5y agoWell its a common refrain when discussing startups and high growth business. I'm basically quoting the (ultimately correct) argument about AWS and Amazon as a whole from a decade ago. People were concerned about Amazon not being profitable (or being just barely profitable) for a long time. And then eventually they decided to be profitable.
- enos_feedler 5y agoExactly. The difference between WeWork and Google Cloud is that WeWork has an unproven viable market, whereas cloud computing has competing, larger players. (If you are implying that GCP could collapse like WeWork)